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IIFL Securities Vs HDFC Sky Vs Paytm Money: Which one is better?

The brokerage of IIFL Securities ranges between Rs 20, the brokerage of HDFC Sky ranges between Rs 20, while the brokerage of Paytm Money ranges between Rs 20. The broker HDFC Sky and Paytm Money are a discount brokers where IIFL Securities is a full service broker. Overall rating for IIFL Securities is 4, HDFC Sky is rated 4, Paytm Money is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities vs HDFC Sky vs Paytm Money stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared IIFL Securities vs HDFC Sky vs Paytm Money on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better IIFL Securities vs HDFC Sky vs Paytm Money in this setion with 360 degree view of broker information.

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Service

  IIFL Securities Compare
IIFL Securities
HDFC Sky Compare
HDFC Sky
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE, MCX NSE, BSE
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi...Know more about HDFC Sky In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from IIFL Securities Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared IIFL Securities vs HDFC Sky vs Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) as AMC for Demat account, HDFC Sky charges Rs 240 PA (Free for 1st year) AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Charges IIFL Securities HDFC Sky Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free Free
Demat AMC Rs 250 PA (Free for 1st year) Rs 240 PA (Free for 1st year) Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Plan Options

Plans are the most important feature you look when compare IIFL Securities vs HDFC Sky vs Paytm Money. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Plan Options
Plan Types IIFL Securities HDFC Sky Paytm Money
Multiple Plans No No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  IIFL Securities Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs HDFC Sky vs Paytm Moneyon Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Brokerage Charges Compare IIFL Securities HDFC Sky Paytm Money
Plan Name IIFL iSERVE Brokerage Plan Fixed pricing model Flat Brokerage Plan
Equity Delivery Flat Rs 20 per order 0.1% or Rs 20 whichever is lower 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Rs 20 per order 0.1% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures Flat Rs 20 per order 0.1% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Rs 20 per order Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Rs 20 per order 0.1% or Rs 20 whichever is lower NA
Currency Options Flat Rs 20 per order Flat Fee Rs 20 NA
Commodity Trading Flat Rs 20 per order Flat Fee Rs 20 NA
Minimum Brokerage
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 12% interest PA NA
Call & Trade Charges Rs 50 Per Call + GST Rs 20 per call Rs 100/order +GST
Auto Square off Charges Rs 50 Per Call + GST 0.1% or Rs 20 whichever is lower Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for HDFC Sky Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Transaction Charges

Compare IIFL Securities vs HDFC Sky vs Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Transaction Charges Compare IIFL Securities HDFC Sky Paytm Money
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for hdfc-sky Complete Brokerage Plans for paytm-money
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Account Features

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Account Features

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where IIFL Securities and Paytm Money offers only 2-in-1 account which includes trading and demat account. Margin Funding - IIFL Securities and HDFC Sky offers margin funding where Paytm Money doesn't offers margin funding. NRI Trading - IIFL Securities and HDFC Sky offers NRI Trading where Paytm Money doesn't offers NRI Trading.

Account Features - IIFL Securities vs HDFC Sky vs Paytm Money
Account Features Compare IIFL Securities HDFC Sky Paytm Money
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. Yes, IIFL Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No No
SMS Alerts Yes Yes No
Online Demo Yes Yes No
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15PM 3:10 PM
NRI Trading Yes Yes No
Other Features NIL NIL NIL
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Trading Platform

Compare IIFL Securities vs HDFC Sky vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities vs HDFC Sky vs Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Trading Platform Compare IIFL Securities HDFC Sky Paytm Money
Desktop Trading Platform IIFL Trader terminal HDFC Sky Paytm Money
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

https://hdfcsky.com/

Paytm Money Web

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets HDFC Sky App Paytm Money App
Mobile Trading App Demo IIFL Markets Demo HDFC Sky App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod HDFC Sky App Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS IIFL Markets Download iOS HDFC Sky App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IIFL Securities Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare IIFL Securities vs HDFC Sky vs Paytm Money on User Rating

  IIFL Securities HDFC Sky Paytm Money
  82 Customer Reviews    Rate IIFL Securities 97 Customer Reviews    Rate HDFC Sky 6 Customer Reviews    Rate Paytm Money
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Investment Offerings

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - IIFL Securities and HDFC Sky offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - IIFL Securities offers PMS facility where HDFC Sky and Paytm Money doesn't offers PMS facility.

Investment Offerings - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Investment Offerings Compare IIFL Securities HDFC Sky Paytm Money
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes No
Commodity Yes Yes No
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes No
ETF Yes Yes Yes
Banking No Yes No
Insurance Yes No Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes No No
Other Investment Options NIL
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Order Types

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Order Types

Order Type - Compare IIFL Securities vs HDFC Sky vs Paytm Money on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - HDFC Sky and Paytm Money provides Bracket Orders (BO) facility where IIFL Securities doesn't provides Bracket Orders. After Market Orders (AMO) - IIFL Securities and Paytm Money AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Order Type Compare IIFL Securities HDFC Sky Paytm Money
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes Yes
AMO-After Market Orders Yes No Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Customer Service

Compare IIFL Securities vs HDFC Sky vs Paytm Money on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare IIFL Securities vs HDFC Sky vs Paytm Money
Customer Service Compare IIFL Securities HDFC Sky Paytm Money
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes No
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 022-40071000 1800 121 2109 NA
Account Opening Process Online/Paperless Online Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://hdfcsky.com/learn https://www.paytmmoney.com/care
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.indiainfoline.com/ https://hdfcsky.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Research Reports, Tips

Compare IIFL Securities vs HDFC Sky vs Paytm Money on research reports and tips provided by broker.

Research Reports - Compare IIFL Securities vs HDFC Sky vs Paytm Money
  IIFL Securities HDFC Sky Paytm Money
Research Mutual Funds Yes Yes No
Research Equity Reports Yes Yes No
Research ETF Yes Yes No
Daily Market Report Yes Yes No
Free Tips Yes Yes No
Quarterly Result Analysis Yes Yes No
News Alerts Yes Yes No
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Demat Account

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Demat Account

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities vs HDFC Sky vs Paytm Money
  IIFL Securities HDFC Sky Paytm Money
DP Source CDSL CDSL CDSL
DP ID 44700 CDSL: 1209 12088800
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹750 pa Zero
Advance Deposit Nil Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹20) + CDSL charges ₹10 per ISIN
Demat ₹15 per certificate + ₹40 courier charges ₹5 per certificate + ₹35 request charges ₹250 per 100 shares
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹30 ₹250 per 100 shares
Pledge Creation ₹50 Nil ₹32 per ISIN
Pledge Creation Confirmation Nil 0.04% of transaction value (Min ₹40) Nil
Pledge Closure Nil Nil ₹32 per ISIN
Pledge Closure Confirmation Nil 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation Nil 0.04% of transaction value (Min ₹40) ₹32 per ISIN
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Special Offers and Promotion

Compare IIFL Securities vs HDFC Sky vs Paytm Money on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare IIFL Securities vs HDFC Sky vs Paytm Money on Special Offers and Promotion
  IIFL Securities HDFC Sky Paytm Money
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Instant to HDFC Bank. Max 24 hrs except bank holidays
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Info Not Available Paytm Money allows 190+ Banks.
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Direct from your HDFC bank account. NA
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

Detail Review...

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

Detail Review...

  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquire for IIFL Securities Enquire for HDFC Sky Enquire for Paytm Money

Last Updated on 2023-09-14T04:42:55+00:00